Latest news with #FreshDelMonteProduce
Yahoo
19-05-2025
- Business
- Yahoo
3 Top Dividend Stocks Yielding Up To 6.1%
The market has shown positive momentum recently, with a 2.9% increase over the last week and a 12% rise over the past year, while earnings are expected to grow by 14% annually. In this environment, identifying strong dividend stocks can be crucial as they offer potential income and stability amid market growth. Name Dividend Yield Dividend Rating Columbia Banking System (NasdaqGS:COLB) 5.76% ★★★★★★ First Interstate BancSystem (NasdaqGS:FIBK) 6.81% ★★★★★★ Dillard's (NYSE:DDS) 6.19% ★★★★★★ Ennis (NYSE:EBF) 5.13% ★★★★★★ Chevron (NYSE:CVX) 4.81% ★★★★★★ Credicorp (NYSE:BAP) 5.25% ★★★★★☆ Valley National Bancorp (NasdaqGS:VLY) 4.80% ★★★★★☆ Douglas Dynamics (NYSE:PLOW) 4.09% ★★★★★☆ Huntington Bancshares (NasdaqGS:HBAN) 3.83% ★★★★★☆ Carter's (NYSE:CRI) 8.63% ★★★★★☆ Click here to see the full list of 141 stocks from our Top US Dividend Stocks screener. Here's a peek at a few of the choices from the screener. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Fresh Del Monte Produce Inc., with a market cap of $1.60 billion, operates globally through its subsidiaries to produce, market, and distribute fresh and fresh-cut fruits and vegetables across various regions including North America, Central America, South America, Europe, the Middle East, Africa, Asia, and beyond. Operations: Fresh Del Monte Produce Inc.'s revenue is primarily derived from its Fresh and Value-Added Products segment, which accounts for $2.61 billion, followed by the Banana segment at $1.46 billion, and Other Products and Services contributing $197.20 million. Dividend Yield: 3.6% Fresh Del Monte Produce's dividend history shows volatility, with recent increases to US$0.30 per share, signaling growth despite past unreliability. The payout is sustainable with a low earnings and cash flow coverage ratio of 34.2% and 35.7%, respectively. However, its yield of 3.59% lags behind top-tier U.S. dividend stocks at 4.66%. Recent buybacks totaling US$7.61 million suggest confidence in value, with shares trading significantly below estimated fair value by over half (50%). Delve into the full analysis dividend report here for a deeper understanding of Fresh Del Monte Produce. Our valuation report here indicates Fresh Del Monte Produce may be undervalued. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Sila Realty Trust, Inc., based in Tampa, Florida, is a net lease real estate investment trust specializing in the healthcare sector, with a market cap of approximately $1.44 billion. Operations: Sila Realty Trust generates its revenue primarily from commercial real estate investments in the healthcare sector, amounting to $184.47 million. Dividend Yield: 6.1% Sila Realty Trust's dividend yield of 6.14% ranks in the top 25% of U.S. dividend payers, though payments have been volatile over its four-year history. The dividends are covered by earnings and cash flows with payout ratios of 75.9% and 73.3%, respectively, indicating sustainability despite recent declines in net income to US$7.1 million for Q1 2025 from US$14.98 million a year ago, amid a strategic acquisition worth US$35.12 million enhancing growth prospects. Unlock comprehensive insights into our analysis of Sila Realty Trust stock in this dividend report. Upon reviewing our latest valuation report, Sila Realty Trust's share price might be too optimistic. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: VICI Properties Inc. is an S&P 500 experiential real estate investment trust specializing in gaming, hospitality, and entertainment destinations, with a market cap of approximately $33.92 billion. Operations: VICI Properties Inc. generates revenue primarily through its Real Property and Real Estate Lending Activities, totaling approximately $3.88 billion. Dividend Yield: 5.4% VICI Properties offers a compelling dividend profile, with its yield in the top 25% of U.S. payers and dividends covered by earnings and cash flows at payout ratios of 67.5% and 75.2%, respectively. However, the company has only a seven-year history of dividend payments. Recent earnings showed slight revenue growth to US$984.2 million but a decline in net income to US$543.61 million for Q1 2025, reflecting financial challenges amidst strategic debt refinancing efforts totaling $1.3 billion. Get an in-depth perspective on VICI Properties' performance by reading our dividend report here. In light of our recent valuation report, it seems possible that VICI Properties is trading behind its estimated value. Explore the 141 names from our Top US Dividend Stocks screener here. Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments. Enhance your investing ability with the Simply Wall St app and enjoy free access to essential market intelligence spanning every continent. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:FDP NYSE:SILA and NYSE:VICI. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
30-04-2025
- Business
- Yahoo
Fresh Del Monte Produce (NYSE:FDP) Reports Sales Below Analyst Estimates In Q1 Earnings
Fresh produce company Fresh Del Monte (NYSE:FDP) fell short of the market's revenue expectations in Q1 CY2025, with sales flat year on year at $1.10 billion. Its non-GAAP profit of $0.63 per share was 2.4% above analysts' consensus estimates. Is now the time to buy Fresh Del Monte Produce? Find out in our full research report. Revenue: $1.10 billion vs analyst estimates of $1.12 billion (flat year on year, 1.8% miss) Adjusted EPS: $0.63 vs analyst estimates of $0.62 (2.4% beat) Adjusted EBITDA: $61.3 million vs analyst estimates of $66.3 million (5.6% margin, 7.5% miss) Operating Margin: 4.1%, up from 2.7% in the same quarter last year Free Cash Flow Margin: 3.3%, up from 0.5% in the same quarter last year Market Capitalization: $1.66 billion "We kicked off 2025 with continued momentum, building on the progress we made last year. In the first quarter, demand once again exceeded supply in our fresh and value-added products segment, highlighting the strength of our position in this key segment,' said Fresh Del Monte Chairman and CEO Mohammad Abu-Ghazaleh. Translating to "of the mountain" in Spanish, Fresh Del Monte (NYSE:FDP) is a leader in providing high-quality, sustainably grown fresh fruits and vegetables. A company's long-term sales performance can indicate its overall quality. Any business can put up a good quarter or two, but many enduring ones grow for years. With $4.27 billion in revenue over the past 12 months, Fresh Del Monte Produce carries some recognizable products but is a mid-sized consumer staples company. Its size could bring disadvantages compared to larger competitors benefiting from better brand awareness and economies of scale. As you can see below, Fresh Del Monte Produce struggled to increase demand as its $4.27 billion of sales for the trailing 12 months was close to its revenue three years ago. This shows demand was soft, a rough starting point for our analysis. This quarter, Fresh Del Monte Produce missed Wall Street's estimates and reported a rather uninspiring 0.9% year-on-year revenue decline, generating $1.10 billion of revenue. We also like to judge companies based on their projected revenue growth, but not enough Wall Street analysts cover the company for it to have reliable consensus estimates. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. Although earnings are undoubtedly valuable for assessing company performance, we believe cash is king because you can't use accounting profits to pay the bills. Fresh Del Monte Produce has shown mediocre cash profitability over the last two years, giving the company limited opportunities to return capital to shareholders. Its free cash flow margin averaged 3.3%, subpar for a consumer staples business. Taking a step back, we can see that Fresh Del Monte Produce failed to improve its margin over the last year. Its unexciting margin and trend likely have shareholders hoping for a change. Fresh Del Monte Produce's free cash flow clocked in at $36.1 million in Q1, equivalent to a 3.3% margin. This result was good as its margin was 2.7 percentage points higher than in the same quarter last year, but we wouldn't put too much weight on the short term because investment needs can be seasonal, causing temporary swings. Long-term trends carry greater meaning. We struggled to find many positives in these results. Its EBITDA missed significantly and its gross margin fell short of Wall Street's estimates. Overall, this was a softer quarter. Still, the stock traded up 1.4% to $35.30 immediately following the results. So do we think Fresh Del Monte Produce is an attractive buy at the current price? If you're making that decision, you should consider the bigger picture of valuation, business qualities, as well as the latest earnings. We cover that in our actionable full research report which you can read here, it's free. Sign in to access your portfolio
Yahoo
10-04-2025
- Business
- Yahoo
Is Fresh Del Monte Produce (FDP) the Best Farmland and Agriculture Stock to Buy Now?
We recently published a list of . In this article, we are going to take a look at where Fresh Del Monte Produce (NYSE:FDP) stands against other best farmland and agriculture stocks to buy now. At the beginning of March, the White House announced the imposition of 25% tariffs on goods from Mexico and Canada and additional 10% tariffs on China. While President Trump granted a one-month tariff delay for automakers and paused the same for certain Mexican and Canadian goods until April 2, he announced in an interview with Fox News that tariffs 'could go up' with time. Since tariffs on Chinese goods weren't a part of the exemptions, China imposed retaliatory tariffs on the US, particularly targeting US agricultural goods. Specifically, a 10% tariff was imposed on American soybeans, while corn was hit with an additional 15% charge. CNBC reported that China is prepared to fight 'any type of war' with the United States. The news channel reported that the Chinese Embassy in the US reported in a post on X: 'If war is what the U.S. wants, be it a tariff war, a trade war, or any other type of war, we're ready to fight till the end.' A Chinese foreign ministry spokesperson also labeled the American fentanyl-related explanation for imposing tariffs a 'flimsy excuse.' READ ALSO: and . On March 4, Landus Cooperative CEO, Matt Carstens, appeared on CNBC's 'The Exchange' to talk about how tariffs could potentially slash the prices of various agricultural products and discuss the long-term benefits of these tariffs on agricultural markets. He said that a significant need to find markets exists for American farmers. Corn makes up about 20% of any given year that the US exports to other countries, while soybean reaches up to as much as 50% of America's production going to other markets. This creates an interesting dynamic that puts considerable pressure on the ongoing circumstances. Carstens was of the view that the American farmers hopefully understand that the government is playing the long game here and working on something that would hopefully be significantly profitable for America in the long run. That translates to opportunities for farmers to get the most for commodities, something that they need to a great extent at the present. However, in the short term, we have to deal with these changes in the market. In other words, Carstens said that the scenario could benefit consumers because the US is flooded with the said agricultural product. Since it is comparatively more expensive to export these products, American consumers get cheaper soybeans and corn, but the farmers potentially lose their export business. There is, thus, a balance that comes into play. The market will certainly see price decreases as export slows and supply increases. However, the farmers are dealing with prices that continue to escalate amid other costs. We sifted through stock screeners, financial media reports, and ETFs to compile a list of 30 farmland and agriculture stocks and chose the top 14 most popular stocks among hedge funds. The list is ordered in ascending order of the number of hedge funds as of fiscal Q4 2024. We sourced the hedge fund sentiment data from Insider Monkey's database. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A close-up of freshly picked bananas in a basket, surrounded by a lush tropical forest. Number of Hedge Fund Holders: 18 Fresh Del Monte Produce (NYSE:FDP) produces and distributes fresh fruit and vegetable products. Its operations are divided into the following segments: Fresh and Value-added products, Bananas, and Other Products and Services. In addition to selling various kinds of fruits and vegetables, the Fresh and Value-added products segment also produces juices, prepared snacks and meals, and other beverages. The company successfully shifted its operations from a net loss in 2023 to a $142.2 million net income in 2024. This shift was driven by focusing on high-margin items such as avocados and pineapples, strategic operational improvements, and disciplined cost management. Fresh Del Monte Produce (NYSE:FDP) also generated strong cash flow, reaching $129 million, along with a notable 39% reduction in long-term debt to $244 million. One of the primary drivers of Fresh Del Monte Produce's (NYSE:FDP) growth strategy is its focus on value-added products and specialty ingredients, which is boosting profitability. It recently signed a licensing agreement with The Nunes Company, further bolstering its product portfolio and positioning the company for long-term expansion. It ranks 14th on our list of the best farmland and agriculture stocks to buy now. Investors are bullish on the stock due to its strategic operations, and its median price target of $30.94 implies an upside of 22.83% from current levels. Overall, FDP ranks 14th on our list of best farmland and agriculture stocks to buy now. While we acknowledge the potential of FDP, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than FDP but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio
Yahoo
09-04-2025
- Business
- Yahoo
3 Reasons FDP is Risky and 1 Stock to Buy Instead
Fresh Del Monte Produce has been treading water for the past six months, recording a small return of 0.8% while holding steady at $29.11. However, the stock is beating the S&P 500's 13.6% decline during that period. Is there a buying opportunity in Fresh Del Monte Produce, or does it present a risk to your portfolio? Check out our in-depth research report to see what our analysts have to say, it's free. Despite the relative momentum, we're cautious about Fresh Del Monte Produce. Here are three reasons why you should be careful with FDP and a stock we'd rather own. Translating to "of the mountain" in Spanish, Fresh Del Monte (NYSE:FDP) is a leader in providing high-quality, sustainably grown fresh fruits and vegetables. A company's long-term performance is an indicator of its overall quality. Any business can experience short-term success, but top-performing ones enjoy sustained growth for years. Unfortunately, Fresh Del Monte Produce struggled to consistently increase demand as its $4.28 billion of sales for the trailing 12 months was close to its revenue three years ago. This was below our standards and signals it's a low quality business. All else equal, we prefer higher gross margins because they make it easier to generate more operating profits and indicate that a company commands pricing power by offering more differentiated products. Fresh Del Monte Produce has bad unit economics for a consumer staples company, signaling it operates in a competitive market and lacks pricing power because its products can be substituted. As you can see below, it averaged a 8.3% gross margin over the last two years. That means Fresh Del Monte Produce paid its suppliers a lot of money ($91.73 for every $100 in revenue) to run its business. Growth gives us insight into a company's long-term potential, but how capital-efficient was that growth? Enter ROIC, a metric showing how much operating profit a company generates relative to the money it has raised (debt and equity). Fresh Del Monte Produce historically did a mediocre job investing in profitable growth initiatives. Its five-year average ROIC was 5.1%, somewhat low compared to the best consumer staples companies that consistently pump out 20%+. Fresh Del Monte Produce doesn't pass our quality test. Following its recent outperformance amid a softer market environment, the stock trades at 10.4× forward price-to-earnings (or $29.11 per share). This valuation multiple is fair, but we don't have much confidence in the company. There are superior stocks to buy right now. We'd recommend looking at a safe-and-steady industrials business benefiting from an upgrade cycle. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 175% over the last five years. Stocks that made our list in 2019 include now familiar names such as Nvidia (+2,183% between December 2019 and December 2024) as well as under-the-radar businesses like Comfort Systems (+751% five-year return). Find your next big winner with StockStory today for free. Sign in to access your portfolio
Yahoo
04-03-2025
- Business
- Yahoo
Solid Earnings May Not Tell The Whole Story For Fresh Del Monte Produce (NYSE:FDP)
Fresh Del Monte Produce Inc.'s (NYSE:FDP) robust recent earnings didn't do much to move the stock. We believe that shareholders have noticed some concerning factors beyond the statutory profit numbers. See our latest analysis for Fresh Del Monte Produce To properly understand Fresh Del Monte Produce's profit results, we need to consider the US$35m gain attributed to unusual items. While we like to see profit increases, we tend to be a little more cautious when unusual items have made a big contribution. We ran the numbers on most publicly listed companies worldwide, and it's very common for unusual items to be once-off in nature. Which is hardly surprising, given the name. If Fresh Del Monte Produce doesn't see that contribution repeat, then all else being equal we'd expect its profit to drop over the current year. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. We'd posit that Fresh Del Monte Produce's statutory earnings aren't a clean read on ongoing productivity, due to the large unusual item. Therefore, it seems possible to us that Fresh Del Monte Produce's true underlying earnings power is actually less than its statutory profit. The good news is that it earned a profit in the last twelve months, despite its previous loss. Of course, we've only just scratched the surface when it comes to analysing its earnings; one could also consider margins, forecast growth, and return on investment, among other factors. So if you'd like to dive deeper into this stock, it's crucial to consider any risks it's facing. For example - Fresh Del Monte Produce has 2 warning signs we think you should be aware of. Today we've zoomed in on a single data point to better understand the nature of Fresh Del Monte Produce's profit. But there is always more to discover if you are capable of focussing your mind on minutiae. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. While it might take a little research on your behalf, you may find this free collection of companies boasting high return on equity, or this list of stocks with significant insider holdings to be useful. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
